Condensed financial data of Cheng Inc. follow.

CHENG INC. Comparative Balance Sheets December 31
Assets		2015			2014
Cash		$89,080			$47,200
Accounts receivable		91,550			32,700
Inventory		111,080			101,700
Prepaid expenses		28,530			25,600
Investments		138,650			113,410
Equipment		269,430			242,870
Accumulated depreciationequipment		(50,290	)		(52,320	)
Total		$678,030			$511,160
Liabilities and Stockholders Equity
Accounts payable		$111,690			$67,750
Accrued expenses payable		16,490			17,080
Bonds payable		110,800			149,760
Common stock		220,920			175,590
Retained earnings		218,130			100,980
Total		$678,030			$511,160

CHENG INC. Income Statement For the Year Ended December 31, 2015
Sales				$392,830
Less:
Cost of goods sold		135,130
Operating expenses, excluding depreciation		11,700
Depreciation expense		47,760
Income tax expense		27,920
Interest expense		4,440
Loss on disposal of plant asstets		6,850		233,800
Net income				$159,030

Additional information:

1.		New Equipment costing $84,690 were purchased for cash during the year.
2.		Old Equipment having an original cost of $58,130 was sold for $1,490 cash.
3.		Bonds matured and were paid off at face value for cash.
4.		A cash dividend of $41,880 was declared and paid during the year.

Prepare a statement of cash flows using the indirect method.

cash flows from operating activities
net income		___
adjustments to reconcile net income to:
net cash provided by operating activities
???	___
increase in inventory	___
increase in accounts receivable	___
depreciation expense	___
loss on disposal of plant assets	___
increase in prepaid expenses	___
increase in accounts payable	___
		___
net cash provided by operating activities		___
cash flows from investing activities
purchase of investments	___
purchase of plant assets	___
sale of plant assets	___
net cash used by investing activities		___
cash flow from financing activities
redemption of bonds	___
???	___
payment of cash dividends	___
???		___
net increase in cash		___
cash at beginning of period		___
cash at end of period		___